506 Lasalle Blvd, Sudbury, Ontario, P3A1W9, Sudbury, ON

$1,650,000
Est. Mortgage /mo

MLS® 2115548

$1,650,000
Est. Mortgage /mo
Agent photor
Dan Marusin
Renanza Realty
877-506-0434
Go See This Home Now
3 Stories
lot 0 sqft
0 sqft
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Property details

Nestled in the vibrant heart of Lasalle Blvd, this 10-unit multifamily property presents an enticing prospect for seasoned investors and newcomers alike. Strategically positioned within walking distance to all amenities and conveniently situated on a bus route, this property ensures unparalleled accessibility for tenants. Its prime location also places it in close proximity to Revenue Canada, College Boreal, and Cambrian College, making it an ideal choice for students, faculty, and professionals seeking quality rental accommodations. Step inside to discover a wealth of features designed to enhance tenant satisfaction and investor profitability. The inclusion of in-building coin-operated laundry facilities not only adds convenience for residents but also serves as an additional revenue stream for savvy investors. Many units within the property boast coveted balcony spaces, providing tenants with private outdoor retreats to relax and soak in the urban ambiance. Recent updates throughout several units ensure modern comfort and appeal, further enhancing the property's allure and value proposition. With a few units leased below market rates, there exists significant room for rental escalation, promising substantial future returns. Whether you're looking to expand your portfolio or embark on your first venture into multifamily ownership, this property invites you to capitalize on the thriving Sudbury rental market! (id:26763)

Location Details
Area Canada
State Ontario
City Sudbury
Postal Code P3A1W9
Property Metrics
Stories 3
Floor Area Total (Sq.ft) 0
Financial Details
List Price 1,650,000

Neighborhood Info

Private Schools
Elementary
Tawingo College
Above Average
183.54 km
No Rating
Details
Elementary
Tawingo College
Above Average
183.54 km
No Rating
Details
Closest Transit
Sudbury
Sunnybrae
0.05 km

The closest Elementary independent school to this home for sale located at 506 Lasalle Boulevard, Sudbury, Ontario, P3A1W9 is Tawingo College with School's rating No Rating, located 183.54 km from this home.

The closest to this address 506 Lasalle Boulevard, Sudbury, Ontario, P3A1W9 Secondary independent school is Tawingo College with School's rating No Rating, located 183.54 km km from this home

The freshest crime data from Statistics Canada are from 2020. There were 9,997 volation disturbances in this neighbourhood. The overall crime rate near the address - 506 Lasalle Boulevard, Sudbury, Ontario, P3A1W9, Sudbury, ON is 5,917.94. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Above Average rate in 2020. Year by year change in the total crime rate is -4.6%

Drug crime rate next to the listing for sale MLS® 2115548 is Average comparing to other neighbourhoods. The illegal substances offences rating is 80.51. This is the amount of drug crime incidents per 100,000 population. There were 136 illegal substances lawbreaking disturbances in this city in 2020. Year by year change in the illegal substances offences ranking is 0.5%

Property crimes in the neighbourhood close to real estate listing for sale 506 Lasalle Boulevard, Sudbury, Ontario, P3A1W9 are High. Property misconduct rating adjacent to MLS® 2115548 is 3,448.24. There were 5,825 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -6.7%

There were 2,412 violent lawbreaking disorders in 2020. 1,427.84 and it is Above Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 12.5%

The closest Bus station is Sunnybrae in 0.05 km away from this listing with - MLS® 2115548.

20.1% of people with university certificate/degree live in this neighbourhood adjacent to the 506 Lasalle Boulevard, Sudbury, Ontario, P3A1W9 which is Average in comparison with other BC neighbourhoods. 17.7% of population in this neighbourhood that is near the Listing MLS® 2115548 have no certificate or degree. This number is Average compared to the average in BC.

Median Household Income near this dwelling with the address 506 Lasalle Boulevard, Sudbury, Ontario, P3A1W9, Sudbury, ON is $68779 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® 2115548 is $36288 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 50% which is Below Average.

Unemployment rate in the area around MLS® Listing # 2115548 is 6.8 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 506 Lasalle Boulevard, Sudbury, Ontario, P3A1W9 where population change between 2011 and 2016 was -1.4%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 506 Lasalle Boulevard, Sudbury, Ontario, P3A1W9, Sudbury, ON is 363.9 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 506 Lasalle Boulevard, Sudbury, Ontario, P3A1W9 is 2.7. This is Below Average number in comparison to the whole region. Percent of families with children near by the MLS® - MLS® 2115548 is 52.3% and it is Below Average. % of Married or living common law is around 53% and it is Below Average.

Average age of the population close to the 506 Lasalle Boulevard, Sudbury, Ontario, P3A1W9 is 42.2 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 506 Lasalle Boulevard, Sudbury, Ontario, P3A1W9, Sudbury, ON is $384731 and this is Average comparing to other areas in British Columbia

Average Owner payments are Average in the area adjacent to 506 Lasalle Boulevard, Sudbury, Ontario, P3A1W9. $1239 owners spent in average for the dwelling. Tenants are paying $949 in this district close to MLS® 2115548 and it is Average comparing to other cities.

42.9% of Population in this district near the 506 Lasalle Boulevard, Sudbury, Ontario, P3A1W9 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 506 Lasalle Boulevard, Sudbury, Ontario, P3A1W9, Sudbury, ON is 39.3%, it is High, % of English speakers only is 59.7% and Low. % of French speakers adjacent to 506 Lasalle Boulevard, Sudbury, Ontario, P3A1W9 only is 0.5% and it is Average. % of Neither English nor French speakers close to home for sale 506 Lasalle Boulevard, Sudbury, Ontario, P3A1W9, Sudbury, ON is 0.3% and it is Low comparing to other BC cities.

7.3% of all population in the area around this property with the address 506 Lasalle Boulevard, Sudbury, Ontario, P3A1W9, Sudbury, ON using Public Transport which is Below Average, 80.6% of using population are using Cars around MLS® 2115548, which is Below Average. 1% of people using Bicycles around the 506 Lasalle Boulevard, Sudbury, Ontario, P3A1W9 and it is Average. 9.4% of population are walking which is Above Average

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Local Info

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Property Taxes $202
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Listing Price Comparision

This house $1,400,000
Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Agent photor
Dan Marusin
Renanza Realty
877-506-0434
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